EDUCATION AND ECONOMICAL GROWTH – RELATIONS OF CAUSALITY
Accepted
25 March 2026
Available Online
15 July 2013
Abstract
IN THIS PAPER WE INTEND TO ANALYZE THE CAUSALITY BETWEEN EDUCATION AND ECONOMIC GROWTH. IN ROMANIA, AND ALSO, IN OTHER STATES IT EXISTS A POSITIVE RELATIONSHIP BETWEEN INVESTMENT AND GROWTH IN EDUCATION. THE EDUCATION CONTRIBUTES TO REVENUE GROWTH TO AN INDIVIDUAL AND IT IS STRONGLY CORRELATED WITH THE REDUCTION OF POVERTY, ILLITERACY AND INCOME INEQUALITY. TO PERFORM THIS ANALYSIS WE USED STATISTICAL DATA AVAILABLE TO THE NATIONAL INSTITUTE OF STATISTICS OF ROMANIA AND ON OTHER S ITES IN THE FIELD. SO, WE OFFERED AN INSIGHT INTO ROMANIAN EDUCATION EVOLUTION AND ON THE EDUCATION BUDGET. IN THIS CONTEXT IT SHOULD BE NOTED THAT ROMANIAN EDUCATION IS SITUATED ON TRACK DEVELOPMENT, INVOLVED AND OVERCOME RECESSION AND ALSO IT IS A MAJOR FACTOR IN THE ECONOMIC GROWTH OF A COUNTRY IN THE DEVELOPING WORLD. KEY-WORDS: EDUCATION, GROWTH, HUMAN DEVELOPMENT INDEX, DEVELOPMENT INVOLVED AND OVERCOME RECESSION AND ALSO IT IS A MAJOR FACTOR IN THE ECONOMIC GROWTH OF A COUNTRY IN THE DEVELOPING WORLD.
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